Taking everything into account, SGBX scores 0 out of 10 in our technical rating. SGBX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than SGBX.
- SGBX is one of the lesser performing stocks in the Construction & Engineering industry. 77% of 55 stocks in the same industry do better.
- SGBX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month SGBX has a been trading in the 1.42 - 2.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SGBX has an average volume of 8250060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SGBX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.49
We found 1 important resistance area.
- Resistance @2.04 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SGBX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGBX is down. |
| ChartMill Relative Strength | 2.01 | NEGATIVE | SGBX has a low relative strength, it was outperformed by 97.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGBX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.08 | NEUTRAL | The RSI value for SGBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.66 | OVERSOLD | The low Stochastics value suggests SGBX may be oversold. |
| Average True Range in percent/ATR (20) | 12.81 | HIGH VOLATILITY | The high ATR as a percentage value for SGBX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for SGBX suggests a weak or negative trend. |
1.5
+0.06 (+4.17%)
SAFE & GREEN HOLDINGS CORP / SGBX FAQ
What is the technical rating for SGBX stock?
ChartMill assigns a technical rating of 0 / 10 to SGBX.
Can you provide the trend direction for SAFE & GREEN HOLDINGS CORP?
The current trend direction for SAFE & GREEN HOLDINGS CORP (SGBX) is Bearish.
What is the RSI signal for SAFE & GREEN HOLDINGS CORP (SGBX) stock?
SAFE & GREEN HOLDINGS CORP (SGBX) has an RSI value of 33.082. This indicates that the stock is currently neutral.
What is the short term momentum for SGBX stock?
The short term momentum for SAFE & GREEN HOLDINGS CORP (SGBX) is negative.
What is the buy/sell signal for SAFE & GREEN HOLDINGS CORP (SGBX) stock?
The buy/sell signal for SAFE & GREEN HOLDINGS CORP (SGBX) is sell as both the short term and long term trends are negative.